Stock Futures are Slightly Changed After S&P 500 Reaches Another Record High

US stock futures

Stock futures were little changed on Monday evening as Wall Street looked for building on its peak record in the last week of the year.

Futures tied to the Dow Jones Industrial dipped 33 points. Nasdaq 100 and S&P 500 were down less than 0.1%.

In Monday’s regular session, S&P 500 Stocks futures rose roughly 1.4% to finish at a record high. The Nasdaq Composite increased 1.4%, and Dow Jones climbed about 352 points.

Stocks dipped in late November but have rebounded in December.

Stocks tend to increase in light trading during the last days of the year.

“If you look around Wall Street, you see very tame expectations, and it’s probably a reflection that we’re probably pretty late in the cycle,” senior vice president at Morgan Stanley Wealth Management, Jim Lacamp said.

Along with S&P 500′s record finish, the Dow Jones is within 1% of its intraday all-time peak, and the Nasdaq is around 2% below its high-water mark.

Nasdaq is up 23.1% for the year, The Dow Jones is up 18.6% and S&P 500 is up 27.6%.

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